ADX gained over 20%, DFM 4.4% in 2022: CBUAE’s Financial Stability Report

ADX gained over 20%, DFM 4.4% in 2022: CBUAE’s Financial Stability Report

Fri 14-07-2023 20:48 PM

























ABU DHABI, 14th July, 2023 (WAM) -- The Central Bank of the UAE (CBUAE)’s Financial Stability Report for 2022 said the FTSE ADX General Index (FADGI.FGI) gained more than 20 percent in 2022.

The Abu Dhabi Securities Exchange (ADX) trading value increased by 21.9 percent to AED 451 billion.

It its overview of UAE stock markets in 2022, the CBUAE report noted this increase was driven by higher levels of domestic and international investment. Foreign investment in ADX increased, with total net foreign investments recording an inflow of AED 24

billion in 2022. In addition, net institutional investments inflow reached AED 8 billion. ADX market capitalisation increased by 61.4 percent in 2022 to AED 2.62 trillion. The increase was supported by a series of listings. In 2022, ADX listed 18 securities, including shares, bonds, warrants, and investment funds. In the first 12 months since its launch, the ADX derivatives market achieved AED 1 billion in traded value, with more than 1 million contracts traded.

In 2022, ADX partnered with FTSE Russell to create new benchmark indices. ADX adopted FTSE Russell’s Industry Classification Benchmark (ICB) for all its